Modern American Business Case Study

Filed in National by on December 23, 2007

1) Execs of electronics mega-chain Circuit City want to increase profits so they lay off expensive ($15.00 per hr) sales people and replace with cheap ($9.00 per hr) temps.

2) People stop buying from Circuit City because the temps don’t know squat about what they are selling.

3) Stock Price tanks and you know the rest…

4) Circuit City Execs pocket bonuses worth $1 million each.

American Prospect via Eschaton.

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Jason330 is a deep cover double agent working for the GOP. Don't tell anybody.

Comments (1)

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  1. Dana Garrett says:
    December 23, 2007 at 8:59 pm

    B-b-b-but the free market is actually good for workers! How can this be?

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